Sold

1645 BEECH Avenue

Torrance CA, 90501

$2,725,000


$466.61 per sqft

Sold

10 Beds

7 Baths

5,840 sqft

Residential

Built in 1963

Listed by Jonathan Nikfarjam with Shield CRE, Inc. 310-593-9869

Highly Desirable Old Town Torrance Location | No Local Rent Control Defaults to AB 1482 | Great Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Three) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | All-Electric BuildingLess Than 4 Miles from the Beach & Redondo Beach Pier | 3.83% Current Cap Rate & 17.23 Current GRM | Approximately 19% in Rental Upside - 4.88% Pro-Forma Cap Rate & 14.52 Pro-Forma GRM | Front House with Newer Vinyl Plank Floors (2021) and Remodeled Kitchen & Bathrooms (2016) | Unit #6 Contains Newer Carpet (2020), Vinyl Plank Floors in Kitchen (2021) & Water Heater (2020) | On-Site Laundry Facility with Newer Washer & Dryer (2021) and Water Heater (2020) | Newer Upper Exterior Deck (2020), Six Garage Parking Spaces & Most Units Re-Piped with Copper Plumbing | Close Proximity to Del Amo Fashion Center, Village Del Amo & South Bay Galleria

22170025

MLS ID

June 20, 2022

Listed

March 23, 2024

Updated

Map

1645 BEECH Avenue
Torrance CA, 90501

Interior Features

Total Stories

2


Bedrooms

10 Beds


Bathrooms

7 Baths


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

134 - Old Torrance


Days on Market

30


Garage

Yes


Garage Spaces

6


Parking

Garage


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

TORR-MD


Buyer Agency Compensation

2%

Listing Contact: 310-593-9869 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:42 AM UTC

 

Powered byLuxury Presence